Stock Compensation

3 Months Ended

Jan. 31, 2013

Stock Compensation

Note 11. Stock Compensation

The compensation cost recognized in the unaudited condensed consolidated statements of operations for the Company’s stock compensation arrangements was as follows:

	Three Months Ended January 31,
	2013			2012
	(in thousands)
Cost of license	$	1,817		$	1,755
Cost of maintenance and service		479			446
Research and development expense		8,136			7,553
Sales and marketing expense		3,673			3,291
General and administrative expense		3,595			3,203
Stock compensation expense before taxes		17,700			16,248
Income tax benefit		(3,959	)		(3,560	)
Stock compensation expense after taxes	$	13,741		$	12,688

As of January 31, 2013, there was $111.4 million of unamortized share-based compensation expense, which is expected to be amortized over a weighted-average period of approximately 2.6 years.

The intrinsic values of equity awards exercised during the periods are as follows:

	Three Months Ended January 31,
	2013		2012
	(in thousands)
Intrinsic value of awards exercised	$	7,705	$	17,969